FIVE BELLS, FLEET BANK, GEDNEY DYKE, SPALDING, PE12 0AW - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FIVE BELLS is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £130,000 in April 2002, which was around 26% above the average April 2002 detached price in the South Holland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was D.

FIVE BELLS Sold Prices

Land registry data shows two sales for FIVE BELLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two FIVE BELLS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 26 APR	£130,000	£103,480	26% above HPI
1998 11 SEP	£87,500	£64,580	35% above HPI

FIVE BELLS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two FIVE BELLS sales from September 1998 and April 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2002 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is FIVE BELLS?

FIVE BELLS is 168m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where FIVE BELLS lies on this distribution: 81% of detached houses are smaller than FIVE BELLS, and 19% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

FIVE BELLS: Plot and Title Map

FIVE BELLS sits on a plot of roughly 0.589 of an acre, or 2,384m². The below map shows the location of FIVE BELLS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FIVE BELLS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FIVE BELLS?

FIVE BELLS is located on FLEET BANK in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of FIVE BELLS on FLEET BANK.